Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing. PFEP optimizes the policies that define how to procure each part. Cross Site Analytics.

Optimal Sourcing 169

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 169

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). His first position was with Air Products and Chemicals in finance, and he quickly became bored with it.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

Talking Logistics

JANUARY 8, 2018

Supplier viability is a major concern of supply chain leaders and procurement professionals today when committing their direct materials to specific trading partners,” said David Cahn, Director of Product Marketing at Elemica , in a recent episode of Talking Logistics. What are some of the biggest supply chain risks companies face today?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. Subscribe Here! Email Address. Need I say more?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

Supply Chain Matters

JANUARY 10, 2024

This SaaS software provider has a noted 7,000 customer with a vertical industry presence spanning chemicals and life science , government , manufacturing and metals and mining industry sectors. In 2021, this column highlighted Blackstone’s acquisition of the company for $1.4

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Network Design Software Network Optimization Software 52

Logistics Viewpoints

NOVEMBER 8, 2022

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

Optimal Sourcing 204

Optimal Sourcing Material Savings Sourcing Strategies Sourcing 204

Arena Solutions

JUNE 9, 2022

Fulfilling safety and environmental regulations, procuring components with existing supply chain concerns, and meeting quality requirements are all challenges that have electric vehicle (EV) manufacturers turning to digital solutions and processes to help them collaborate across the supply chain.

Optimal Sourcing 97

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 97

Talking Logistics

NOVEMBER 2, 2017

One can presume, based on the chemical composition of the cologne, that many of the ingredients originate from different countries. Is it possible these things have impacted the sourcing, manufacturing, and delivery of my cologne? Could political risk impact my cologne order?

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 101

Supply Chain Shaman

OCTOBER 6, 2013

It senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time latency to align sell, deliver, make and sourcing functions. Sidestep the planning and analytic offerings. Actively Invest in Cloud-Based Analytics for Self-service by the Line of Business User.

Supply Chain Network Software 219

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 219

Supply Chain Matters

JUNE 30, 2022

The MIT perspective is that of a new generation of analytical tools in areas of optimization, simulation and data science provide an opportunity to deploy, manage or modify a more data-driven supply chain process. . As an example, today the company has over 1,000 planners performing supply chain analytics on a daily basis.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 52

AFFLINK

JULY 13, 2016

Janitorial maintenance: cleaning chemical, hand towels, and restroom tissue. Track Your Inventory- If you don’t have analytics in place to monitor your indirect supply, you may be squandering dollars and not realize it. Tangibles are physical products required to allow your business to function, absent the actual product produced.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Software 48

Talking Logistics

DECEMBER 11, 2014

Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). A similar race is on to expand beyond the usual set of industries — namely, Automotive, High Tech, Retail, and CPG — and establish a leading presence in historically underserved and underpenetrated vertical industries, such as Oil & Gas and Chemical.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Time For Action. We are to blame.”

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Requis

JANUARY 22, 2021

He has also pioneered applications using Internet of things (IoT), machine learning, software development, systems integration, and data analytics with the goal of increased profitability for enterprise operations. I’m a chemical engineer. I was focused on our operations only at that time from a chemical engineering viewpoint.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Innovation Analytics Software 52

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Time For Action. We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Time For Action. We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Shaman

JUNE 10, 2021

SAP Ariba started as an indirect procurement network and lagged the market in developing multi-tier process definition.) No network crosses over the source, make, deliver processes. In addition, Nulogy does an excellent job of managing outsourced manufacturing for consumer products, but not bi-directional sourcing or logistics flows.

SAP 219

SAP Supply Chain Network Software Supply Chain Design Software Supply Chain Planning Software 219

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Talking Logistics

MARCH 9, 2017

In a study conducted by Accenture in 2015 of chemical companies, results showed that 94 percent expect to boost their investment in digital capabilities in the next three years to embrace a competitive advantage. It feeds analytics and fosters collaboration and insights for continuous improvement and high operational efficiency.

Supply Chain Network Software 105

Supply Chain Network Software Supply Chain Software Network Optimization Supply Chain Optimization 105

NC State SCRC

MARCH 16, 2023

In the 1970’s our company was facing over $400M of economic exposure impacting transportation costs, resins, chemical feedstocks , and other parts. This discovery does not necessarily lead to immediate recognition for procurement’s authority over sourcing decisions.

Supply Chain Design Software 52

Supply Chain Design Software Analysis Supply Chain Planning Software Supply Chain Software 52

NC State SCRC

JUNE 15, 2021

chemicals, resins, IT providers). These interviews are often the best source of information and are not published. Secondary data sources are published available databases, reports, websites, and so on. Supply Market Intelligence: A Managerial Handbook for Building Sourcing Strategies , New York, NY, Auerbach Publications.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

Enterra Insights

MAY 1, 2019

It is a network of ecosystems with each ecosystem consisting of sensors (the things), connectivity (the IoT), and analytics (e.g., The challenge is applying the intelligence and analytics to produce measurable results.”[3]. .”[2] Despite its name, the Internet of Things is not a single network. ”[3]. Footnotes. [1]

Optimal Sourcing 100

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 100

6 River Systems

JANUARY 10, 2019

Keep in touch with cross-functional colleagues. “Whether you’re in procurement, supplier quality, production control or logistics, supply chain is only one ingredient in the pie of successfully bringing a product to market. Secondary and contingent supplier planning. Building and maintaining relationships in your supply chain.

Optimal Sourcing 61

Optimal Sourcing Negotiating Skills Negotiate Pricing Pricing Training 61

Material Handling & Logistics

JUNE 25, 2018

In fact, BMW has adopted any number of digital production technologies, such as data analytics, smart logistics and 3D printing. In particular, the company has been criticized for its long-time practice of using local water sources for its products. Media Type. Media Credit. Privacy Settings. anonymous user. DataTable subpages.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

Supply Chain View from the Field

AUGUST 11, 2015

I have been having a number of fascinating interviews with Chief Procurement Officers this past week on the subject of procurement analytics and supply management risk. But when companies do further analytics on excessive inventory, they eventually realize that about 80% of it is non-critical.

Purchasing Skills 60

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Sourcing Strategies 60

o9 Solutions

NOVEMBER 10, 2022

Within an organization, sustainability data is found in environmental, procurement, financial, product lifecycle, regulatory compliance, human resource management, ERP, and logistics systems (e.g., For example, supplier sustainability performance is an important criterion in sustainable sourcing decisions. WMS and TMS).

Supply Chain Planning Software 52

Supply Chain Planning Software Data Optimal Sourcing Procurement Analytics 52

6 River Systems

JULY 25, 2019

Additionally, the advancements and constant changes in technology and analytics play a huge role in supporting the success or failure of a modern day supply chain. In the meantime, companies need to make sure they have the most talented negotiators and leaders heading up their procurement and supply chain functions.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Supply Chain Shaman

AUGUST 3, 2016

This includes companies like BASF, Clorox, Eastman Chemical, J&J, Kimberly-Clark, Mondelez, Nestle, P&G, and Unilever. Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. Process Integration Across Functions. Get Started.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

Supply Chain Game Changer

NOVEMBER 13, 2018

AI, one of the most disruptive classes of technologies, will become more widely available due to cloud computing, open source and the “maker” community. These chips are made from an array of molecular sensors on the chip surface that can analyze biological elements and chemicals. Trend #1: Democratized AI. Infographic).

Gartner 51

Gartner Modeling Software Analytics Software Supply Chain Network Software 51